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FIPB Gives Nod to AirAsia-Tata Sons JV; Fernandes Selects CEO

The Foreign Investment Promotion Board (FIPB) on Wednesday approved the proposal filed Air Asia's investment arm AirAsia Investment seeking consent for the joint venture in the domestic airline sector with Tata Sons and private investor Arun Bhatia's Telstra Tradeplace. Mar 6, 2013
an-airlines-staff-member-sits-in-front-of-a-closed-kingfisher-airlines-ticketing-counter-at-the-airport-in-kolkata-october-3-2012

Kingfisher Employees to Move Court Seeking Shutdown

The employees of the grounded Kingfisher Airlines on Wednesday decided to move court seeking a formal closure of the company if it didn't give a time frame to pay salary dues and share the revival plan, airline sources told PTI. Jan 9, 2013
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India: Most Unforgettable Events of 2012 [PHOTOS]

The year 2012 was an eventful period for India. The year started off on a good note with the successful launch of warhead-enabled Agni-V in April but darkness unfolded towards the end with the brutal gang-rape incident in Delhi. Dec 31, 2012
kingfisher-airlines

Kingfisher Airlines Shares Gain On Licence Renewal Bid

The shares of debt-laden Kingfisher Airlines gained 2.98 percent on BSE earlier on Friday following the reports of the airline’s application for the renewal of its operating licence to aviation regulatory Directorate General of Civil Aviation (DGCA) on Thursday. Dec 21, 2012